CandleFocus SingularityDAO community votes in favor of merging with Cogito Finance and SelfKey
2024-11-01
Author: Content Editor
Decentralized portfolio management protocol SingularityDAO has completed a community voting round for a proposed merger with Cogito Finance and SelfKey. The voting round received overwhelming support from SDAO token holders, with 94.78% voting in favor of the merger. SingularityDAO will now proceed with the creation of Singularity Finance, an EVM Layer-2 network focused on accelerating AI economy tokenization. Singularity Finance aims to provide comprehensive solutions for the AI value chain, including RWA tokenization and on-chain identity solutions. If the merger is approved by KEY holders, Singularity Finance will become a leader in AI-driven financial services, combining the expertise and technologies of its partners. A leadership council, led by industry leaders, will guide the ecosystem and integrate AI and DeFi solutions.
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